MISSISSAUGA, ON, Feb. 29, 2012 /CNW/ - Magellan Aerospace is pleased
with the Government of Canada's decision for their continued support
for the Canadian Space Agency's (CSA) participation on the
International Space Stations (ISS). The space industry in Canada
benefits from having a strong, forward-looking agency that can make
meaningful contributions to this successful international program.
Today's announcement by Minister Paradis is evidence of the of the
strategic importance of Canada's Space sector and the role it plays in
strengthening the knowledge-based initiatives that maintain our
country's role as leader in space technology innovations.
"The ISS partnership is important for Canadian industry's role in the
development and operation of space robotics, space science and
microgravity experiments," said Mr. James Butyniec, President and Chief
Executive Officer of Magellan Aerospace.
Mr. Don Boitson, Vice President and General Manager of Magellan's
Winnipeg operating division added, "I'm proud to say that Magellan is a
major contributor to Canada's space programs and this continued
participation will maintain Canadian science and technology jobs in our
space sector and strengthen our position globally - with our industry
partners - to remain world leaders in space technology."
About Magellan Aerospace Corporation:
Magellan Aerospace Corporation is one of the world's most integrated
aerospace industry suppliers. Magellan designs, engineers, and
manufactures aeroengine and aerostructure assemblies and components for
aerospace markets, advanced products for military and space markets,
and complementary specialty products. Magellan is a public company
whose shares trade on the Toronto Stock Exchange (TSX: MAL), with
operating units throughout Canada, the United States, the United
Kingdom, and India.
SOURCE Magellan Aerospace Corporation
For further information:
Donald J. Boitson
Vice President & General Manager
Bristol Aerospace Limited
Tel: (204) 788 2832
Daniel R. Zanatta
Vice President, Business Development,
Marketing and Contracts
Magellan Aerospace Corporation
Tel: 905 677 1889 Ext 300